The Cervical Cancer Diagnostics Global Market Report 2023 by The Business Research Company, provides cervical cancer diagnostics market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Cervical Cancer Diagnostics Global Market Report 2023, the market size is expected to grow from $8.29 billion in 2022 to $8.86 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size global cervical cancer diagnostics is expected to grow from $11.03 billion in 2027 at a CAGR of 5.6%.
The rising adoption of cervical cancer diagnostic tests for the early detection of cervical cancer is expected to drive the market for cervical cancer diagnostics. Increasing awareness among women about cervical cancer along with the emphasis by worldwide cancer organizations and governments on early testing for detecting cervical cancer and preventing it contributes to the growth of the market.
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The cervical cancer diagnostics market is segmented:
1) By Diagnostic Test: Pap Smear Test, HPV Test, Colposcopy, Biopsy, and Endocervical Curettage, Other Diagnostic Tests
2) By End User: Hospitals, Specialty Clinics, Cancer and Radiation Therapy Centres, Diagnostic Centres
3) By Age Group: Below 21, Age between 21 to 29, Age between 30 to 65, Above 65
The increased adoption of HPV home testing kits is expected to be the new trend in the market. The home-based HPV testing kits help women in collecting samples and getting the results conveniently on their own without going to the lab for screening. Therefore, companies are focusing on providing convenience to patients. For instance, in September 2022, Mylab Discovery Solutions launched the ‘PathoDetectTM HPV PCR detection Kit (Type 16/18). The new product is a home testing kit for detection of HPV type 16 and type 18.
The cervical cancer diagnostics market report table of contents includes:
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Top Major Players
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